* Target forecast after the announcement of bright rose, leading retail stocks broadly higher
* The Dow closed down 0.14%, S & P 500 Index was up 0.02%, Nasdaq index rose 0.25%
Reuters, New York, November 17 - --- U.S. stocks ended mixed on Wednesday, the three major stock indexes failed to get rid of the recent decline, the bank stocks lower on concerns the Federal Reserve Board (FED, Federal Reserve) for the regulation of the industry.
Three indices of financial crisis due to the uncertainty of the Irish been dragged down U.S. stocks on Tuesday fell to the factors that led to nearly 2%.
"I think the market is in a deteriorating trend. In view of heavy volume on Tuesday, the market crash, and Change the number of shares and the poor, the current market situation is worrying," Shields & Co brokerage in New York market and technology analysts, said Frank Gretz, " market is clearly very fragile, I think that in fact has begun to be amended. "
Financial shares lagged the Fed today said it would allow some banks to increase their dividends, but will also assess the response to 19 major financial institutions of "prejudice" the ability of the economic situation of loss.
KBW Bank Index fell 1.4%, regional banks, KeyCorp (KEY.N: Quote) fell 3.8%, to $ 7.68 after Credit Suisse cut its rating.
MF Global senior analyst Nick Kalivas stock index, said volume was light, partly because investors are waiting for General Motors [GM.UL] initial public offering after-hours (IPO) pricing.
After the close, two sources familiar with the situation said on Wednesday, General Motors (GM.N: Quote) IPO is priced at 33 dollars per share, in the offer price range of high-end. will be offering 478 million shares of common stock, raising about 15.8 billion U.S. dollars . General Motors also sold $ 4,000,000,000 of preferred stock. [ID: nCN8415133]
The Dow Jones industrial average was down 15.62 points, or 0.14%, to close at 11,007.88 points; Standard & Poor's 500 index edged up 0.25 points, or 0.02%, to 1,178.59 points; Nasdaq index rose 6.17 points, or 0.25%, at 2,476.01 points.
Retail sector to provide support for the market, discount chain Target Corp (TGT.N: Quote) rose 3.9%, to $ 55.62 after the company expects the upcoming holiday season will be recorded in the purchase of the best same-store sales in three years. Standard & Poor's index of consumer discretionary stocks rose 0.7%.
Investors closely monitor the situation in Ireland, Ireland on Wednesday agreed with the European Union and the International Monetary Fund (IMF) delegations to discuss urgent measures to boost the troubled banking sector.
CBOE Volatility Index fell 3.6%, but still higher than 20. On Tuesday, the index closed more than a month in the highest.
The latest U.S. economic data showed the U.S. October consumer price index increase less than expected core CPI and the annual increase in the minimum .10 for record monthly housing starts data is also very weak, fell to its lowest level since last April. [ECI- US-MCE]
New York Stock Exchange, American Stock Exchange and the Nasdaq market volume was about 7.19 billion shares traded, below last year's turnover of about 9.65 billion shares average.
New York Stock Exchange stocks were up and down 1,807 and 1,182 homes, Nasdaq stock market rise and fall, respectively 1,374 and 1,245 homes. (End)
- Compile the mother of red / Jun; revision Female Red
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